Australia's interest rates rise to 4.35%
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Statements (3)
- Bullish
Australian banks and financial institutions are likely to see their net interest margins widen due to the RBA's decision to raise interest rates to 4.6%.
- Bearish
Australian mining and energy companies are likely to face higher borrowing costs due to the Reserve Bank of Australia raising interest rates.
- Bearish
Australian mining and commodity exporters are likely to face higher borrowing costs and reduced export competitiveness due to the RBA's interest rate hike.